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Capital Loan Program. Acadia Mortgage Solutions Inc. What is the Capital Loan Program?. Financing through Acadia Mortgage Solutions from an institutional lender Specialized in small commercial & income producing properties - PowerPoint PPT Presentation
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offered throughoffered through
Capital Loan ProgramCapital Loan Program
Acadia Mortgage Solutions Inc.
Acadia Mortgage Solutions Inc.2
What is the Capital Loan Program? Financing through Acadia Mortgage Solutions from an
institutional lender
Specialized in small commercial & income producing properties
Programs designed to meet the needs of small business owners & investors
Equity-based lending (with a credit component)
Loans always secured by the commercial real estate
Acadia Mortgage Solutions Inc.3
Traditional Money Sources Banks & Credit Unions
Trust Companies
Mortgage Bankers
Investment Bankers
Private Funding
Acadia Mortgage Solutions Inc.4
Capital Loan Program’s Place?
CAPITALCAPITALLOANLOAN
PROGRAMPROGRAMTraditional Lenders Private Funding
Acadia Mortgage Solutions Inc.5
Small Commercial Lending Arena
High Application / Commitment Fees
Reasonable fees!High Application / Commitment Fees
Inconsistent / Variable based on many market factors
YOU ARE THE FOCUS! This program is a stable solution that specializes in
small commercial mortgages (programs are designed specifically for small business owners,
investors and business-for-self clients)
Dependent & variable based on lender’s philosophy and business
goals
Reasonable DSCRStrong DSCR (1.40 or more)
No Cross-Collateralization requiredCross- Collateralization Underwriting requirements variable by investor
Short Term Loans / Temporary Solution
Mid-Term and Long-Term Solution (min 2 yrs)
1 to 5 year terms
All Property TypesMany Property TypesMarketable Properties
Environmental VariesEasier Environmental ProcessEnvironmental Phase I & II
Minimal DocumentationLimited Documentation (Stated Program)
Full Documentation
All Credit ConsideredWider Credit RangeStrong Credit
Fast ClosingsQuicker ClosingsLong Closings
Case-by-case LTVsHigher LTVsConservative LTVs
Higher RatesIntermediate RatesBest Rates
Private MoneyCapital Loan ProgramTraditional Lenders
Acadia Mortgage Solutions Inc.6
Traditional Lender Requirements Full document programs often require the following documents as a
minimum, sometimes just for a pre-approval…Bank Credit ApplicationBackground Information SheetState of Personal HistoryManagement RésuméPersonal Financial StatementT4, T1, Notice of AssessmentFinancial Information: Business, Personal, & Affiliate Tax ReturnsCopy of Purchase Agreement
Lease AgreementCopy of Business LicenseEquipment ListingSchedule of Business DebtEnvironmental Phase 1 & 2Insurance InformationOperating StatementsRent Roll
…and more…
The Capital Loan Program is a lower-document program designed to consider the special needs of
small business owners and business-for-self clients!
Acadia Mortgage Solutions Inc.7
Who Needs the Capital Loan?Clients under-served by traditional lenders due to:
Inability / Unwillingness to provide business and personal documentation
Fast service required Too much credit exposure to the bank Loan requested is under bank’s minimum loan amount Requirement of significant cash out (Equity Take-Out) Higher LTV needed Secondary financing needed behind bank’s loan offer Changes in bank lending philosophy
Acadia Mortgage Solutions Inc.8
Who needs the Capital Loan?As an alternative to private financing solutions due to:
Need for higher LTV Need / desire for Lower Fees Need / desire for lower interest rate Need / desire for longer term Ability show improved credit situation
Acadia Mortgage Solutions Inc.9
Loan AmountsLoan Amounts$100,000 - $750,000$100,000 - $750,000
Property Types
The Capital Loan Program
Multi-Family (5+ Units)
Office
Retail
Automotive
Mixed Use
Light Industrial / Warehouse
Self Storage
Acadia Mortgage Solutions Inc.10
Mixed Use - $145,000 A+ Credit Borrower LTV 75% Owner Occupied First commercial property
for this client Closed in 38 days
Deal View # 1. . .
Acadia Mortgage Solutions Inc.11
Automotive - $435,000 Owner occupied Bank not willing to
consider due to possible environmental concerns with this type of property
Local bank branch referred the client to the mortgage broker
Deal View # 2. . .
Acadia Mortgage Solutions Inc.12
Retail / Office - $920,000 Borrower’s credit 685 LTV 70% Investment property Closed in 45 days
Deal View # 3. . .
www.acadiamortgagesolutions.com